328 Western Avenue, Albany, NY 12203 (MLS# 202624326)

$1,499,900
328 Western Avenue
Albany, NY 12203
MLS# 202624326
10 beds
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Property Description
RARE 10-UNIT INVESTMENT OPPORTUNITY IN PINE HILLS! Rarely available this brick multifamily property in Albany's desirable Pine Hills neighborhood. Opportunities of this size and location do not come along often. This income-producing asset offers investors the chance to own a substantial multifamily property in an established rental market with convenient access to colleges, hospitals, restaurants, shopping, public transportation, and downtown Albany. A compelling opportunity for investors seeking scale, income potential, and long-term upside in a highly desirable location. Potential yearly $168,900.00. Full expense sheet is available under docs. It can be sold as a package with 77 S. Allen (3 units) Street and 299 Quail Street (6 units)

Details
Maps
Documents
Contract Information
Status: Active
Property Sub Type: Multi Family
Original List Price: 1499900
List Price: $1,499,900
Current Price: $1,499,900
Listing Contract Date: 2026-08-19
List Price/SqFt: 249.15
Location
Street Number: 328
Street Name: Western
Street Suffix: Avenue
County: Albany
State/Province: NY
Postal Code: 12203
City/Town (Mail): Albany
Subdivision: Pine Hills
Geo Lat: 42.663074
Geo Lon: -73.781898
Property Detail
Number Of Units Total: 10
Rooms Total: 31
Bedrooms Total: 10
Bathrooms Full: 10
Year Built: 1900
Above Grade Finished Area: 6020
Above Grade Finished Area Source: CRS
Below Grade Finished Area Source: CRS
Living Area: 6020
Lot Size Acres: 0.09
Waterfront Y/N: No
Enhanced Accessible Y/N: No
Parking Y/N: No
Bath Levels
Full Bath 1: Basement
Full Bath 2: Basement
Full Bath 3: 1st
Full Bath 4: 1st
Full Bath 5: 1st
Full Bath 6: 1st
Full Bath 7: 2nd
Full Bath 8: 2nd
Full Bath 9: 2nd
Full Bath 10: 2nd
Photos - the contractual owner of the photos
Photo Owner: Broker
Income And Expenses
Rental Income: 168900
Rental Income Description: Estimated
Separate Utilities
Number Of Separate Electric Meters: 10
Unit Information
Number Of Dishwashers: 10
Number Of Dryers: 2
Number Of Refrigerators: 10
Number Of Stoves: 10
Number Of Washers: 2
Multi-Family Unit 1 Detail
Unit Location MF Unit 1: B Left
Occupant Type MF Unit 1: Tenant
Monthly Rent MF Unit 1: 1350
Rent Desc. MF Unit 1: Actual
Lease Term MF Unit 1: 12 Months
Total Rooms MF Unit 1: 3
Total Bedrooms MF Unit 1: 1
Total Full Baths MF Unit 1: 1
Multi-Family Unit 2 Detail
Unit Location MF Unit 2: B Right
Occupant Type MF Unit 2: Vacant
Monthly Rent MF Unit 2: 1450
Rent Desc. MF Unit 2: Estimated
Total Rooms MF Unit 2: 3
Total Bedrooms MF Unit 2: 1
Total Full Baths MF Unit 2: 1
Multi-Family Unit 3 Detail
Unit Location MF Unit 3: 1srfloor
Occupant Type MF Unit 3: Tenant
Monthly Rent MF Unit 3: 1450
Rent Desc. MF Unit 3: Actual
Lease Term MF Unit 3: 12 Months
Total Rooms MF Unit 3: 3
Total Bedrooms MF Unit 3: 1
Total Full Baths MF Unit 3: 1
Multi-Family Unit 4 Detail
Unit Location MF Unit 4: 1stfloor
Occupant Type MF Unit 4: Tenant
Monthly Rent MF Unit 4: 1350
Rent Desc. MF Unit 4: Actual
Lease Term MF Unit 4: 12 Months
Total Rooms MF Unit 4: 3
Total Bedrooms MF Unit 4: 1
Total Full Baths MF Unit 4: 1
Multi-Family Unit 5 Detail
Unit Location MF Unit 5: 1st
Occupant Type MF Unit 5: Tenant
Monthly Rent MF Unit 5: 1450
Rent Desc. MF Unit 5: Actual
Lease Term MF Unit 5: 12 Months
Total Rooms MF Unit 5: 3
Total Bedrooms MF Unit 5: 1
Total Full Baths MF Unit 5: 1
Multi-Family Unit 6 Detail
Unit Location MF Unit 6: 1st
Occupant Type MF Unit 6: Tenant
Monthly Rent MF Unit 6: 1350
Rent Desc. MF Unit 6: Actual
Lease Term MF Unit 6: 12 Months
Total Rooms MF Unit 6: 3
Total Bedrooms MF Unit 6: 1
Total Full Baths MF Unit 6: 1
Multi-Family Unit 7 Detail
Unit Location MF Unit 7: 2nd
Occupant Type MF Unit 7: Tenant
Monthly Rent MF Unit 7: 1350
Rent Desc. MF Unit 7: Actual
Lease Term MF Unit 7: 12 Months
Total Rooms MF Unit 7: 3
Total Bedrooms MF Unit 7: 1
Total Full Baths MF Unit 7: 1
Multi-Family Unit 8 Detail
Unit Location MF Unit 8: 2nd
Occupant Type MF Unit 8: Vacant
Monthly Rent MF Unit 8: 1525
Rent Desc. MF Unit 8: Estimated
Total Rooms MF Unit 8: 4
Total Bedrooms MF Unit 8: 1
Total Full Baths MF Unit 8: 1
Status Change Info
Status Change Date: 2026-08-19
Property Features
Architectural Style: Apartment 4 Plus Unit
Basement: Apartment; Finished; Full
Construction Materials: Brick
Cooling: None
Exterior Features: Lighting
Heating: Natural Gas; Radiant
Interior Features: Stone Countertops
Levels: Tri-Level
Lot Features: Level
Parking Features: None
Patio And Porch Features: Front Porch
Possession: At Closing
Roof: Rubber
Separate Utilities: Electric
Sewer: Public Sewer
Showing Requirements: No Sign; Occupied
Special Listing Conditions: Standard
Tenant Pays: Electricity
Water Source: Public
IDX
Listing Courtesy of Howard Hanna Capital Inc
Listing Agent: Mariana DeLuca
518-258-7595 | marianadeluca@howardhanna.com
Source MLS Verified

Information deemed reliable but not guaranteed.

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